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9 Jul 2025 16:34
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  •   Home > News > Business

    The Official Cash Rate may hold steady this afternoon - after six consecutive cuts

    The Official Cash Rate may hold steady this afternoon - after six consecutive cuts


    But a 25-basis-point cut could still be on the table.

    The Reserve Bank's lowered the OCR from 5.5 last August to 3.25 percent in May - driving mortgage rates down with it.

    ANZ Chief Economist Sharon Zollner says at the last decision, it's mentioned there were some general concerns about inflation coming back.

    She says there are certainly sticky parts of inflation - but in the bigger picture, those concerns will likely alleviate rather than intensify.

    © 2025 Newstalk ZB, NZCity

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     09 Jul: The Reserve Bank has a lot to consider with this afternoon's OCR decision
     09 Jul: Hopes a move to boost New Zealand's use of AI, will get small businesses on board
     09 Jul: Businesses are calling for clarity, as the Government moves to pump up our AI options
     09 Jul: Economists are divided on how low the Reserve Bank will go with the Official Cash Rate
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     Today's News

    Health & Safety:
    The Asthma and Respiratory Foundation says changes to asthma inhaler access - is a major step forward 16:27

    Business:
    Trump managed two trade deals in his 90-day tariff pause. Experts say China was a key factor 16:27

    Rugby League:
    Extra motivation for Queensland ahead of tonight's State of Origin series decider against New South Wales in Sydney 16:27

    Business:
    NZ Post is the latest company to drop its climate targets – another sign business is struggling to decarbonise 16:07

    Entertainment:
    David Killick has died aged 87 16:06

    Entertainment:
    Johnny Depp refuses to "hold" onto "hate" following his bitter court battle with his ex-wife Amber Heard 15:36

    Soccer:
    Chelsea are welcoming whatever challenge awaits them in the final of football's Club World Cup 15:17

    Living & Travel:
    King Charles and French President Emmanuel Macron toast to facing 'complex threats' together at state banquet 15:17

    Entertainment:
    Helena Christensen is "very disciplined" about protecting her skin because she's an "outdoorsy person" 15:06

    Health & Safety:
    Fewer pharmacy visits are on the horizon for New Zealanders needing inhalers and IUDs from next month 14:57


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